Here is the problem with the work I have so far. I want the chart below filled o

Here is the problem with the work I have so far. I want the chart below filled out. of the price adjustment mechanism.1. Consider the following economy C = 300 + .56 Y I = 1000 500 R G = G NX = 400 .1 Y 300 R Md /P = .05 Y 1000 R Ms = M t = 1.8 ((Yt-1 6000)/6000)Derive the IS LM and AD curves.IS Function r= 1700+G/800-.054/800YLM Function r= .05/1000Y-1/1000(m/p)AD Function y= 1/2.9(3500+5G+4m/p)If G = 1500 M = 1000 and P = 1 calculate the equilibrium values of Y C I R and NX.Y6896.6C?I670R.66%NX-487.6Describe in depth the path this economy will take on its way toward long-run equilibrium. (Include time profiles of the key variables).Price-adjustment MechanismPeriod/VariablePYCINXR12345